The Moscow Arbitration Court upheld Tuesday a decision by the Russian Federal Tax Service to charge 3.7 billion rubles (about $145 million) in back taxes from crude producer RussNeft.
The Federal Tax Service decided January 16 to demand additional tax payments from RussNeft, one of Russia`s top 10 oil and gas companies, for 2003 and the first quarter of 2004. Two weeks later, the Interior Ministry`s investigative committee launched a probe into gross tax evasion by RussNeft.
At the same time, the court slightly reduced the sum of tax claims, partially satisfying RussNeft`s lawsuit.
RussNeft`s annual oil output stands at around 17 million metric tons (125 million bbl).
sections: Economics |